eBay Auction Assistant

At South Main Cycles, we often get asked if we buy used bikes or take trade-ins. While we prefer to dedicate our showroom floor space to showcasing the great bicycle brands that we carry, we are pleased to offer a service which will help our customers sell their pre-owned bikes online.

eBay is a brilliant example of the “power of the internet”; connecting buyers and sellers from around the world. As powerful as this can be, the process can be a bit intimidating and confusing, there’s the risk of being the victim of scammers, and there’s the challenge of dealing with packing and shipping large items like a bicycle. Our eBay Assistant service takes all the hassle out of selling your bike online and focuses on getting your pre-owned bicycle sold quickly at a fair market price.

Here’s how it works…

Step

Description

Cost

1. Assessment

We will thoroughly inspect the condition of the bicycle and make recommendations in terms of service or repairs that should be considered prior to selling in order to insure top-dollar returns.

FREE

2. Appraisal

Based on the outcome of Step 1 and thorough market research, we will arrive at an appraised fair market value that will lend itself to a quick sale.

FREE

3. Listing

We will photograph, list your bicycle on eBay, and manage all potential buyer communications. Listing Fee is non-refundable even if item does not sell.

$30

4. Packing & Shipping

Once your item has sold and we have collected payment from the buyer, we will professionally pack and ship the bicycle to the buyer. Buyer pays shipping.

$55

5. Settlement

Once the buyer has confirmed receipt of the bicycle, we will pay you CASH for the balance after all fees and commissions have been accounted for, or you can apply the net proceeds towards the purchase of a new bicycle from South Main Cycles and we will not charge a commission (fees still apply).

Based on Final Sale Price

eBay fees – 7%

PayPal fees –3%

Commission (cash) – 15%

Commission (trade-in) = 0%

Sound complicated? It’s not. Let’s consider an example. Say you have a late-2000’s 26” wheel hardtail and you’re dying for a new 29er. Your bike is in “good” condition, but could use a little TLC. After a comprehensive evaluation of the current condition, we determine that the bike is in good working order mechanically, but we recommend a general overall cleaning and drivetrain degrease ($35) in order to get top dollar for your ride. After thorough market analysis, we agree to a target sale price of $900. We will only list Buy Now listing on eBay; not auctions. When the bike sells, here’s how things break down.

Cash

Trade-In

Sale Price

$900

$900

Assessment

FREE

FREE

Appraisal

FREE

FREE

Prep (clean/degrease)

$35

$35

Listing Administrative Fee

$30

$30

eBay & PayPal Feeds

$90

$90

Packaging

$55

$55

Shipping

buyer pays

buyer pays

Commission

$135

$0.00

Net to Seller

$555

$690

So what are you waiting for? Let us help take the hassle out of unloading your pre-owned bicycle. Put some cash in your pocket, or get a head start on funding your new ride for this season. Either way South Main Cycles is here to help.